At the beginning of the week, Apple introduced its latest iPhone 16, which entices customers with the integration of artificial intelligence called "Apple Intelligence."
AI Regulation and Development in Serbia
AI is developing rapidly in Serbia and numerous initiatives are emerging daily. Therefore, a working group, which includes our Schoenherr expert Marija Vlajković, is already in the process of drafting a new Law on Artificial Intelligence. The final draft is expected by spring 2025.
Exemption from Tax on Capital Gains Realized from the Transfer of Copyright, Related Rights, and Industrial Property Rights
In the Official Gazette of the Republic of Serbia no. 71, dated August 16, 2024, a new Rulebook on Tax Exemption on Capital Gains Realized from the Transfer of Copyright, Related Rights, and Industrial Property Rights (“Rulebook“) was published.
Centered Around Cybersecurity: An Interview with Gabija Kuncyte of Compensa Life Vienna Insurance
Compensa Life Vienna Insurance Group SE Head of Legal Baltics Gabija Kuncyte discusses the evolving landscape of cybersecurity and its increasing significance within the legal and financial sectors.
Cobalt Advises Karma Ventures on Leading the Series A for Patchstack
Cobalt has advised Karma Ventures on leading the USD 5 million series A investment round for Estonian cybersecurity startup Patchstack which also saw the participation of G+D Ventures and Emilia Capital. Triniti reportedly advised Patchstack.
Rymarz Zdort Maruta Advises Arcus Infrastructure Partners on Acquisition of FixMap
Rymarz Zdort Maruta has advised Arcus Infrastructure Partners on its acquisition of FixMap. WKB Lawyers reportedly advised FixMap founder Piotr Muszynski as the seller.
Romania to Introduce Stricter Compliance Rules for Crypto-Asset Service Providers
Romania’s National Office for the Prevention and Control of Money Laundering has recently published a draft of an Emergency Ordinance amending and supplementing Law no. 129/2019 on the prevention and control of money laundering and terrorist financing (the Emergency Ordinance) in order to harmonise domestic legislation with the provisions of Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing (the Fifth AML Directive), as amended by Regulation (EU) 2023/113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers of funds and certain crypto-assets (the MiCAR).